NPB Neue Privat Bank AG granted DIFC authorisation for NPB Middle East Limited
On 14 May 2024, NPB announced authorisation by the Dubai International Financial Centre (DIFC) to establish its local entity NPB Middle East Limited, with Amritaanshu Agrawal as Equity Partner and Senior Executive Officer.
Zurich, 14 May 2024 – NPB Neue Privat Bank AG announced that it has received authorisation from the Dubai International Financial Centre (DIFC) to establish its local entity, NPB Middle East Limited, to serve clients in the Middle East.
Who leads NPB Middle East Limited?
- Amritaanshu Agrawal joins as Equity Partner and Senior Executive Officer.
- Ashraf Abader is appointed Managing Director; he joins from Mirabaud DIFC.
- Waheed AlKatatsheh is appointed Senior Director; he was previously with Mirabaud ADGM.
What did NPB say?
“We are thrilled to establish NPB Middle East Limited and embark on this exciting journey in the region,” said Markus Hofmann, Partner & Chief Executive Officer at NPB Neue Privat Bank AG. “With the addition of talented professionals like Amritaanshu Agrawal, Ashraf Abader, and Waheed AlKatatsheh, we are determined to deliver exceptional service and value to our clients in the Middle East.”
This page is an HTML version of the press release of 14 May 2024. The original in English and German is linked below.
Key facts
- Date: 14 May 2024
- Authorisation: Dubai International Financial Centre (DIFC)
- Entity: NPB Middle East Limited
- Senior Executive Officer: Amritaanshu Agrawal
- Managing Director: Ashraf Abader; Senior Director: Waheed AlKatatsheh
Sources: NPB press release of 14 May 2024 (PDF, English); NPB press release of 14 May 2024 (PDF, German)
About NPB Neue Privat Bank AG
NPB Neue Privat Bank AG is an independent Swiss private bank founded in 2001 and based solely in Zurich, at Limmatquai 1, 8001 Zürich. It is supervised by the Swiss Financial Market Supervisory Authority FINMA and is a member of esisuisse, the Swiss deposit protection scheme, and of the Swiss Bankers Association. NPB serves private clients and external asset managers with private banking, asset management and structured products. Through Global E-Banking, it also offers clients worldwide an online current account, a VISA debit card, transfers and currency exchange. Its Tier 1 ratio was 42.57% at the end of December 2025.
Media contact
NPB Neue Privat Bank AG, Limmatquai 1, 8001 Zürich, Switzerland. Telephone +41 44 265 11 88. E-mail: info@npb-bank.global (outside Switzerland), info@npb-bank.ch (Swiss residents).